Questrade achieves Platinum Club distinction by being named one of Canada’s Best Managed Companies for seventh consecutive year

TORONTO, March 08, 2018 (GLOBE NEWSWIRE) -- Questrade Financial Group (www.questrade.com) today was named one of Canada's Best Managed Companies for the seventh consecutive year (www.bestmanagedcompanies.ca). Questrade was recognized for overall business performance and sustained growth, catapulting it into the Platinum Club distinction for 2018.

Now in its 25th year, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices.

Since 1999, Questrade has been a pioneer in the financial industry, using technology to create innovative products and services that people need to maximize their investment returns. Today, Questrade is Canada's fastest growing online brokerage with over $7 billion in assets and more than 30,000 new accounts opened every year.

“Best Managed Platinum winners have exceptional insights and knowledge into business management practices. They are an inspiration and really take their game to a new level,” said Peter Brown, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program.

2018 Best Managed Companies designation recognizes fearless leadership, relentless innovation, a culture of teamwork and a commitment to change with a dynamic business environment, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.

"Questrade is very proud to achieve the highest category of recognition with this esteemed award," said Edward Kholodenko, president and CEO, Questrade. “Our collective mission is to help Canadians become more financially successful and secure. And we are committed to providing innovative financial solutions with real benefits, so Canadians can ‘Keep More of Their Money.’”

Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2018 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.

The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.

About Canada’s Best Managed Companies

Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.

Questrade Financial Group Inc. ("QFG") and its affiliated companies, headquartered in Toronto, provide financial products and services to Canadians including securities, foreign currency, and wealth management. Since 1999, the company has led the industry in delivering outstanding service, exclusive products and services, and competitive pricing. This commitment to innovation has appealed to independent investors. In 2014, Questrade's CEO was named as EY Entrepreneur of the Year (Ontario) in the services category, and the company is currently ranked as Canada's fastest growing online brokerage.

Questrade Inc. is a member firm of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF).